2420 S Oakley Avenue
Chicago, IL, 60608
$720,000
8 Beds
4 Baths
0 SqFt
0.06 Acres
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$720,000
2420 S Oakley Avenue
Chicago, IL, 60608
MLS #MRD12365736 img 0MLS #MRD12365736 img 1MLS #MRD12365736 img 2MLS #MRD12365736 img 3MLS #MRD12365736 img 4MLS #MRD12365736 img 5MLS #MRD12365736 img 6MLS #MRD12365736 img 7MLS #MRD12365736 img 8MLS #MRD12365736 img 9MLS #MRD12365736 img 10MLS #MRD12365736 img 11MLS #MRD12365736 img 12MLS #MRD12365736 img 13MLS #MRD12365736 img 14MLS #MRD12365736 img 15MLS #MRD12365736 img 16MLS #MRD12365736 img 17MLS #MRD12365736 img 18MLS #MRD12365736 img 19MLS #MRD12365736 img 20MLS #MRD12365736 img 21MLS #MRD12365736 img 22MLS #MRD12365736 img 23MLS #MRD12365736 img 24MLS #MRD12365736 img 25MLS #MRD12365736 img 26MLS #MRD12365736 img 27MLS #MRD12365736 img 28MLS #MRD12365736 img 29
Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that’s perfect for an owner’s unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen’s most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete’s Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago’s most exciting neighborhoods

Property Details

Price:
$720,000
MLS #:
MRD12365736
Status:
Active
Beds:
8
Baths:
4
Address:
2420 S Oakley Avenue
Type:
Multi Family
Neighborhood:
CHI – Lower West Side
City:
Chicago
Listed Date:
May 14, 2025
State:
IL
ZIP:
60608

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Steam

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Parking Features
Assigned, Off Alley, Off Street, Alley Access, On Site, Owned
Parking Spots
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$10,599
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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2420 S Oakley Avenue
Chicago, IL